Why BTC hash didnt drop: Miners care about future profitab…

Twetch ·

Why BTC hash didnt drop:

Miners care about future profitability, even with a loss they will keep mining because they expect today's coins to multiply in value tomorrow.

BTC pumps or they go bankrupt.

Replies

Twetch ·

lots of pools offer switch mining to automatically switch to the most profitable coin as well. There was a brief rise in BSV hash shortly after halvening probably because of the auto switch. another reason BSV price never really gets up for long.